Business & Commerce Code § 254.002 — United States — Texas law | Esheria

Business & Commerce Code § 254.002

A seller of a patent right or patent right territory may not take a note or lien for the purchase price unless the required statement is placed on it; violating the section is a misdemeanor with a $25 to $200 fine.

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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patent rights sales compliance secured transactions

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